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Business staffing plans for Thursday, Nov. 5(Canadian Press DataFile Via Acquire Media NewsEdge) BUSINESS EDITORS: Here are The Canadian Press Business staffing advisory plans as of 4:30 p.m. EST. Plans may change as circumstances warrant. Queries should be addressed to business editor John Valorzi at 416-507-2146 or Brian McKenna on the business desk at 416-507-2138 or Craig Wong at 613-231-8631. To contact CP Business by email, send messages to businessthecanadianpress.com. In addition to the following, a story slugged BC-Jobs-Economy has moved General (G) and Business (B). Please guard against duplication. MONTREAL _ Quebecor Inc. (TSX:QBR.B) saw its third-quarte r profit jump by 52 per cent as customer growth boosted the media company's revenues. The Montreal-based publisher, cable TV and phone service provider reported net income of $69.4 million or $1.08 per share for the quarter ended Sept. 30. 550 words. By LuAnn LaSalle. BC-Quebecor, 2nd Writethru. Moved. Will be Updated. MONTREAL _ Dorel Industries (TSX:DII.B) expects a recovery next year as its product lines have insulated the juvenile, bike and furniture manufacturer from the worst of the global recession. A turnaround in its home furnishings division helped it to record US$30.2 million in third-quarter profits, despite lower overall revenues. 700 words. By Ross Marowits. BC-Dorel, 2nd Writethru. Moved. MONTREAL _ Bombardier (TSX:BBD.B) may face increasing pressure to reduce the production of business jets and layoff more workers after an industry association said its deliveries fell nearly 37 per cent during the third quarter. 550 words. By Ross Marowits. BC-Bombardier, 1st Writethru. Moved. Will be Updated. TORONTO _ U.S. health care data company IMS Health says it has agreed to be acquired by investment funds TPG Capital and Canada's CPP Investment Board for US$4 billion. IMS shareholders are getting $22 per share under the deal, marking a 31 per cent premium to the stock's closing price of US$16.81 on the New York Stock Exchange on Wednesday. 800 words. By Kristine Owram and John Valorzi. BC-US-IMS-Health-Acquisition, 4th Writethru. Moved. TORONTO _ Magna International Inc. (TSX:MG.A) is expected to report its third-quarter financial results and outline its reaction to the termination of its deal to acquire General Motors subsidiary Opel after the markets close Thursday. Reports say Magna intends to stay away from automakers after its failed bid and will focus on auto parts acquisitions. 600 words. By Kristine Owram. BC-Magna-International. TORONTO _ Losses rained down on two of Canada's biggest life insurance companies as volatility on the stock markets, spreads and charges pulled both Manulife Financial Corp. (TSX:MFC) and Sun Life Financial Inc. (TSX:SLF) into the red during the third quarter. 650 words. By David Friend. BC-Insurance-Earnings. TORONTO _ Marriage contracts and prenuptial agreements can be difficult to bring up when you're in the joyous throes of planning the happy event _ and certainly not everyone contemplating tying the knot needs one.But ``prenups'' can be particularly handy for people embarking on a second marriage or those who stand to inherit a sizable estate. And they start the kind of serious financial dialogue every couple needs to have on an ongoing basis. 800 words. By Malcolm Morrison. BC-Money-Monitor. Moved. CALGARY _ Canadian Natural Resources Ltd. (TSX:CNQ) plans to spend 26 per cent more in 2010 than it did this year, directing the lion's share of that capital towards oil developments. The Calgary-based firm is shying away from natural gas development, drilling wells only as a mans to retain its land position. 600 words. By Lauren Krugel. Canadian-Natural, 2nd Writethru. Moved. CALGARY _ The prolonged hostile takeover drama between Calgary-based fertilizer producer Agrium Inc. (TSX:AGU) and its recalcitrant U.S. target CF Industries Holdings Inc. (NYSE:CF) entered another chapter Thursday, with the would-be acquirer sweetening its offer. Rather than rebuff the US$4.5-billion offer right off the bat, CF said it would ``in due course review the latest revised proposal.'' 600 words. By Lauren Krugel. BC-Agrium, 3rd Writethru. Moved. VANCOUVER _ Canaccord Capital Inc. (TSX:CCI) reinstated its dividend Thursday after the financial services company reported a solid profit and higher revenues for its latest quarter and said its business is picking up strongly. The Vancouver-based investment firm said it will reinstate its quarterly dividend, a year after it was suspended to protect its capital during harsh market conditions driven by the recession and capital industry crisis. 533 words. By Brenda Bouw. BC-Canaccord-Capital, 2nd Writethru Budget. Moved. VANCOUVER _ Goldcorp Inc. (TSX:G) said selling more gold at higher prices helped boost revenues by 25 per cent in the latest quarter, as the Vancouver-based miner also increased its annual production guidance. By Brenda Bouw. BC-Goldcorp, Budget, 1st Writethru. Moved UNDATED _ Manitoba Telecom Services Inc. (TSX:MBT) profit and revenue fell in the third quarter from the same time last year, as the company's business customers felt the effect of the economic downturn. 600 words. By LuAnn LaSalle. BC-Manitoba-Telecom, 4th Writethru. Moved. WASHINGTON _ Companies are finding ways to do more with fewer workers, boosting productivity but dimming hopes that hiring will take off anytime soon. Eventually, employers won't be able to squeeze more from their staffs and will have to ramp up hiring _ something that could happen next year, even though the jobless rate is expected to hit double digits. By Martin Crutsinger and Stephen Manning. See AP Photos. BC-US-Economy, 4th Writethru Budget. Moved. NEW YORK _ Oil prices slipped Thursday as investors questioned whether the U.S. would regain its appetite for petroleum. By Chris Kahn. BC-Oil-Prices, 2nd Writethru Budget. Moved. SEATTLE _ Starbucks Corp. says more customers visited its coffee shops in the fourth quarter this year than last and spent more money when they did. By Ashley M. Heher BC-US-Earns-Starbucks. Moved. Will be Updated. TOKYO _ Toyota Motor Corp. (NYSE:TM) announced Thursday a surprise profit last quarter and trimmed its projected red ink for the year, underlining the gradual recovery under way for Japan's giant automakers. By Yuri Kageyama. BC-AS-Japan-Earns-Toyota, 4th Writethru. Moved. RUESSELSHEIM, Germany _ Fearing widespread layoffs, thousands of Opel workers walked off the job across Germany on Thursday to protest General Motors Co.'s decision to abandon the unit's sale to new owners. 650 words. By Guido Rijkhoek. BC-EU-Germany-GM-Opel, 1st Writethru Budget. Moved. GUANGZHOU, China _ Thousands of foreigner buyers come to this southern city for China's biggest trade show, searching for factory owners who will make their products cheaply and won't rip off their clever designs. Then they slip across town to shop at malls loaded with fake Prada purses, phony Rolex watches and pirated Tod's loafers. By William Foreman. See AP Photos. BC-AS-China-Fair-Fakes. Moved Datafile only. FRANKFURT _ The European Central Bank hints it could begin withdrawing some of its crisis measures soon, while the Bank of England pumped more money into the economy in an attempt to get Britain out of recession. By George Frey and Robert Barr. AP Photo. BC-Europe-Interest-Rates. Moved. The Canadian Press is also following: TORONTO _ The Toronto stock market closed higher Thursday with investors getting some good news prior to the release of the main piece of economic data for the week _ the U.S. government's October non-farms payroll report. By Malcolm Morrison. BC-Dollar-Markets, 7th Writethru. Moved. ST. JOHN'S, N.L. _ Utility operator Fortis Inc. (TSX:FTS) blamed a number of factors, including lower power production and energy prices, for a decline in third-quarter revenue and net earnings. BC-Fortis, 1st Writethru. Moved. STELLARTON, N.S. _ Crombie Real Estate Investment Trust (TSX:CRR.UN) reports a third-quarter loss of $1 million or three cents a unit compared with a profit of $2.6 million or nine cents last year. Revenue from property in both periods was about $51 million. BC-Crombie. Moved. MONTREAL _ Consolidated Thompson Iron Mines Ltd. (TSX:CLM) reported a net loss of $22.6 million in the third quarter as it continues to develop its Bloom Lake iron ore property in Quebec. BC-Consolidated-Thompson, 1st Writethru. Moved. MONTREAL -- Tissue and packaging maker Cascades Inc. (TSX:CAS) reverses last year's loss with $34 million third-quarter profit despite lower sales. BC-Cascades-Results, 1st Writethru. Moved OTTAWA _ The value of building permits increased 1.6 per cent to $5.1 billion in September, their second straight monthly increase.Statistics Canada says the numbers were boosted by higher intentions in the residential sector, which more than offset a decline in the non-residential sector. 141 words. BC-StatsCan-Building-Permits. OTTAWA _ Canada's battered manufacturers and exporters are still not convinced the end of the recession will dramatically improve their prospects.The Canadian Manufacturers and Exporters say a survey of members shows that conditions are only improving in the margins and that many still report falling orders and plans to lay off workers. 179 words. BC-Manufacturers-Survey. OTTAWA _ Bridgewater Systems Corp. (TSX:BWC) revised its annual profit and revenue 2009 guidance upward on Thursday as the wireless technology provider reported its third-quarter net income more than tripled while revenues rose 53 per cent. BC-Bridgewater, 1st Writethru. TORONTO _ Improved market conditions helped Equitable Group Inc.'s (TSX:ETC) third-quarter profit to rise by 11 per cent, the specialty mortgage lender said Thursday. BC-Equitable-Group, 1st Writethru. Moved. TORONTO _ Packaging firm CCL Industries Inc. (TSX:CCL.B) reported Thursday a third-quarter profit of $16.6 million, down 25 per cent from a year-before $22.1 million on lower operating income, higher corporate expense and higher net interest expense.The Toronto-based company said its earnings amounted to 51 cents per share, versus 68 cents per share in the prior-year period. 232 words. BC-CCL-Industries. TORONTO _ Manulife Financial Corp. (TSX:MFC) reports third-quarter net loss of $172 million or 12 cents per share, down from year-earlier profits of $510 million or 33 cents per share, as lower corporate bond rates partly impacted results. By David Friend. BC-Manulife-Financial, 3rd Writethru. Moved. TORONTO _ Australian toll-road operator Transurban Group (ASX:TCL) has rejected a takeover proposal from the Canada Pension Plan Investment Board and the Ontario Teachers' Pension Plan that offered A$6.7 billion (C$6.5 billion) for the company. BC-Transurban-CPP-Teachers, 1st Writethru. TORONTO _ Profits at investment manager GMP Capital Inc. (TSX:GMP) rose 21 per cent in the third-quarter, despite a four per cent slide in revenue on lower investment banking and commission revenue. BC-GMP-Capital, 1st Writethru. Moved. TORONTO _ Plans by Dundee Precious Metals Inc. (TSX:DPM) for a metals processing facility at its gold and copper mine in Chelopech, Bulgarian, have suffered a setback in court. BC-Dundee, 1st Writethru. Moved. TORONTO _ Biovail Corp.'s (TSX:BVF) net income fell to US$40.4 million in the third quarter, as the impact of special items offset a 17.3 per cent increase in revenues generated by the Canadian pharmaceutical company's products. BC-Biovail, 1st Writethru, Moved. OAKVILLE, Ont. _ Algonquin Power & Utilities Corp. (TSX:AQN), which converted from an income trust last month, said Thursday the fund earned $13.1 million or 17 cents per unit in its last quarter compared with a loss of $4.4 million of six cents per unit a year ago. Revenue totalled $45.1 million, down from $55.1 million. BC-Algonquin-Power. BRAMPTON, Ont. _ The Data Group Income Fund's (TSX:DGI.UN) third-quarter earnings tripled to $3.3 million despite a slight drop in its revenue, the document manager and printing services said Thursday. BC-Data-Group, 2nd Writethru. Moved Datafile only. WATERLOO, Ont. _ Research In Motion Ltd. (TSX:RIM) says it has been authorized to spend up to US$1.2 billion to buy back its common shares from the open market and cancel them. 163 words. BC-Research-in-Motion. OKOTOKS, Alta. _ Mullen Group Ltd. (TSX:MTL) made an all-stock bid for Livingston International Income Fund (TSX:LIV.UN) worth about $300 million, topping a cash offer for the fund by a consortium led by the CPP Investment Board. BC-Mullen-Livingston, 3rd Writethru. Moved. CALGARY _ AltaGas Income Trust (TSX:ALA.UN) said it saw a decline in net income for its third quarter but posted solid results overall. BC-AltaGas-Income-Trust, 1st Writethru. Moved CALGARY _ TransGlobe Energy Corp. (TSX:TGL) swung to a US$1.6 million loss in the third quarter as revenues dropped almost 30 per cent, the oil and gas company reported Thursday. BC-TransGlobe, 1st Writethru. Moved. CALGARY _ Industrial contractor The Churchill Corp. TSX:CUQ) reported an improvement in third-quarter earnings Thursday despite a big drop in contract revenue. BC-Churchill, 1st Writethru. Moved. EDMONTON _ Engineering company Stantec Inc. (TSX:STN) reported its net loss in the third quarter narrowed to $10 million from $30 million as the company booked a goodwill impairment charge on the company's western U.S. operations. BC-Stantec, 1st Writethru. Moved. NEW YORK _ Thomson Reuters (TSX:TRI) net income was cut to US$167 million in the third quarter, as the global information services company's bottom line felt the impact of currency fluctuations and a $52-million increase in one-time integration costs. BC-Thomson-Reuters, 2nd Writethru. Moved. LISLE, Ill. _ The addition of new customers and convertion of existing clients to its other services helped SXC Health Solutions Corp. (TSX:SXC) boost its third-quarter profit, which more than tripled from a year earlier. BC-SXC-Health, 1st Writethru. Moved FRIDAY BUSINESS CALENDAR: CHICAGO _ Northstar Aerospace Inc., a flight gear and transmission maker, will hold a conference call to its discuss third-quarter results. Dial 1-800-642-1687. (9 a.m.) NEW YORK _ Fortress Investment Group (owner of Intrawest, 2010 Olympics venue host) holds earnings conference call. Dial 1-706-679-1521 or go to www.fortress.com for the webcast. (8:30 a.m.) HALIFAX _ Energy and services company Emera Inc. issues its third-quarter results followed by a conference call. Dial 1-866-223-7781. (12 p.m.) STELLARTON, N.S. _ Crombie REIT issues its third-quarter earnings conference call. Dial 416-640-1917. (10 a.m.) KINGSEY FALLS, Que. _ Paper company Cascades reviews its third-quarter earnings on conference call. Dial 514-807-8791. (10 a.m.) X-MONTREAL _ Air Canada reports its third-quarter results on conference call. Dial 1-866-223-7781. (9 a.m.) MONTREAL _ Drug company Labopharm holds its third-quarter earnings conference call. Dial 416-644-3422. (10 a.m.) X-MONTREAL _ SNC Lavalin reports third-quarter results. Go to www.snclavalin.com for webcast. Conference call at 2 p.m. x-OTTAWA _ Statistics Canada releases October labour force survey: jobs. (7 a.m. at www.statcan.ca) OAKVILLE, Ont. _ Algonquin Power and Utilties Corp. holds its third-quarter earnings conference call. Dial 1-877-974-0466. (10 a.m.) TORONTO _ Credit Education Week 2009. Through Nov. 6. (Downtown Metro YMCA, 20 Grosvenor St. ) TORONTO _ Wireless broadband and data communications provider TeraGo Inc. issues its third-quarter earnings before markets open followed by a conference call. Dial 416-915-5761. (9 a.m.) X-TORONTO _ Brookfield Asset Management Inc. holds third-quarter earnings conference call. Go to www.brookfield.com for webcast. (11 a.m.) TORONTO _ Just Energy Income Fund reviews its year-end results on a conference call. Dial 1-866-551-1530, code: 8682780(pound sign). (2 p.m.) X-CALGARY _ Suncor Energy releases third-quarter financial results at 12:30 a.m., and then holds analyst conference call at 7:30 a.m. Dial 1-800-731-5319. (7:30 a.m.) CALGARY _ TransAlta holds investor day conference call. Dial 1-888-396-8064. (9 a.m.) CALGARY _ Waste manager Newalta Inc. reviews its third-quarter earnings on conference call. Dial 416-646-3095. (11 a.m.) CALGARY _ Enerflex Systems Income Fund, a supplier to the oil and gas industry and the takeover target of Toromont Industries Ltd. (TSX:TIH), issues its third-quarter earnings. Visit www.newswire.ca for webcast. (11 a.m.) WINNIPEG _ Ice packager Arctic Glacier Income Fund hosts a webcast to discuss its third-quarter results. Dial 1-800-814-4859 or go to www.arcticglacier.com for webcast. (11 a.m.) VANCOUVER _ Breakwater Resources Ltd. holds a conference call to discuss its third-quarter results. Dial 1-800-319-4610. (7 a.m. at conference call) X-VANCOUVER _ Telus holds a conference call to discuss its third-quarter earnings. (11 a.m.) THE CANADIAN PRESS (c) 2009 The Canadian Press |